UAE wealth fund ADIA scoops into $18B Haagen-Dazs owner Froneri The UAE sovereign wealth fund has become a co-investor in Froneri in a deal valuing the global ice cream firm at about $18 billion. United Arab Emirates
UAE deepens Asia ties as Malaysia, Australia trade deals kick in Asia accounts for around 60% of the world’s gross domestic product and pursuing trade deals there helps the UAE hedge against dependence on both the US and China. United Arab Emirates
Trump family further expands Gulf business with $1B Jeddah plaza project It will be the second Trump-branded development in the kingdom after the launch of Trump Tower Jeddah last December. Saudi Arabia
Analysis Gulf investors emerge as key players in US social media giants TikTok, Snap, X With UAE tech investor MGX set to take a stake in TikTok's US operations, investors from the Middle East could cement their role in America's social media landscape. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis After $20B deals unravel, will Gulf oil majors scale back abroad? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: City Pulse Dubai From London to Dubai: Taymour Grahne By Rebecca Anne Proctor In Dubai, reporting on culture
Analysis As states recognize Palestine, Netanyahu seeks Trump nod on annexation By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Saudi Arabia, UK announce over $445M in investments: What to know The agreements aim to boost bilateral trade and will also support Saudi Vision 2030 reforms to diversify the economy away from reliance on oil by the end of the decade. Saudi Arabia
UAE president meets Saudi crown prince ahead of UN Palestine conference The UAE and Saudi Arabia have strengthened cooperation since the Gaza war began in 2023, though their rivalry over regional influence and economic leadership remains. United Arab Emirates
Etihad half-year profit hits record $306M on strong travel demand The Abu Dhabi airline reported a profit after tax of 1.1 billion Emirati dirhams ($306 million), up 32% from the first half of 2024. United Arab Emirates
UAE says Israel’s West Bank annexation push a ‘red line': What to know There are growing indications that the Israeli government is seeking to annex the Palestinian territory, but the UAE is becoming increasingly critical of the plan. Israel
Analysis Arid Gulf states pursue global water deals, leveraging desalination expertise After becoming leaders in domestic water desalination, Gulf states are spotting opportunities to generate lucrative returns by exporting their know-how in a world facing growing water pressures. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Gulf rail boom rumbles on as 2030 deadline for regional network nears From 100 million metro riders in Riyadh to a new Oman-UAE railway, Gulf states are pouring money into train transport — but plans for a regional rail network are still taking shape. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Amid Trump tariffs, UAE, Singapore to form trade group of small nations The new group, the Future of Investment and Trade Partnership (FIT-P), is expected to include around 10 countries, with the UAE, Singapore, and New Zealand being founding members. United Arab Emirates
Newsletter: City Pulse Dubai From Tunis to Dubai: Bechir Boussandel’s poignant glass works Emirati cuisine, contemporary art and global runways. By Rebecca Anne Proctor In Dubai, reporting on culture
Somalia, UAE hold talks as tensions simmer over Puntland, Somaliland The visit occurred on the same day that Somalia's president met with Sudan’s intelligence chief. United Arab Emirates
Egypt secures $220M from domestic, Gulf, Chinese investors for solar project Foreign investment from three countries comes at a pivotal time in Egypt’s recovery from its worst financial crisis in over six decades. Egypt
Abu Dhabi’s Lunate buys stake in UK hedge fund, launches $2B investment arm With $1.7 trillion in sovereign wealth, Abu Dhabi has long sought to establish itself as a global financial hub. United Arab Emirates
Saudi Arabia escalates Arabic AI race with new state-backed chatbot The app is available only in Saudi Arabia, but the company plans to expand across the region and eventually globally. Saudi Arabia